By Omoh Gabriel, Huge expenditures on capital projects and sundry overhead have been identified as part of the reasons many state governments in Nigeria are unable...
Bank Verification number enrolment ordered by the CBN for all bank customers will end this Month. How will the system work and why is it important...
By Omoh Gabriel Eighteen out of the thirty-six states of the federation are technically bankrupt. This is because they have mortgaged their federation account allocations to...
When Mr. Godwin Emefiele became the Governor of the Central Bank of Nigeria (CBN) on June 3, 2014, there was visible pressure on the Naira as...
* As NISA crisis deepens * Factions work across purposes THE crisis presently rocking the Nigerian Ship-owners Association, (NISA) last week, took a new dimension...
Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Ade Ayeyemi as its new Group Chief Executive Officer (GCEO) with effect...
Indices of the Nigerian Stock Exchange (NSE), dropped by 0.22 per cent on Monday due to profit taking by some investors. The All-Share Index lost 74.58...
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to marketers. Mr Olufemi Adewole,...
The Nigeria Customs Service (NCS) has engaged the Economic and Financial Crimes Commission (EFCC) to investigate some bank accounts with NCS’ name by individuals to defraud...
The Federal High Court in Ibadan on Wednesday ordered the remand of eight bank officials over alleged currency scam. The Economic and Financial Crimes Commission (EFCC)...
Activities at the Nigerian Stock Exchange (NSE) on Wednesday closed negatively with the market indices dropping by 0.54 per cent, following huge loss posted by some...
*Says Mint suffers N1bn loss The Central Bank of Nigeria (CBN) operating surplus (net income) fell sharply by N174 billion to N33.8 billion in 2014....
The Securities and Exchange Commission (SEC) yesterday ordered all registrars of public companies to return all unclaimed dividends, which have been in their custody for fifteen...
A total of 22 bankers comprising 16 staff of deposit money banks and 6 staff of the Central Bank of Nigeria (CBN) were Tuesday arraigned before...
A Federal High Court in Lagos has restrained the Nigerian Electricity Regulatory Commission, (NERC), from implementing the new electricity tariff which was to take effect from...